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Property profile & analytics
OFF-MARKET
Commercial real estate

175 Town Dr Spartanburg, SC 29303

2,228 SF 1 ac lot Built 1998
Property ID
US77-0997111
Property summary
AI-generated overview

This exceptional 2,228 square foot office building in Spartanburg, South Carolina, presents a compelling investment opportunity. Located at 175 N Town Dr, 29303, this single-building property sits on a one-acre lot, offering significant expansion potential. Built in 1998, the building is in very good condition and boasts excellent visibility due to its direct exposure to Interstate 85, near a convenient exit. The asking price is $385,000, translating to $172.80 per square foot. Currently vacant, this versatile space is ideal for traditional office use, but could also easily accommodate service-based businesses or retail operations. The property's strategic location provides immediate access to a thriving commercial area, with nearby retail establishments, restaurants, banks, and apartments. The ample land provides the opportunity to significantly expand the existing parking lot or even construct an additional building. This property offers a rare combination of prime location, excellent condition, and significant growth potential, making it an attractive investment for discerning buyers. The property is ready for immediate occupancy and offers the flexibility to expand as needed.

Property profile
Verified
Property type Commercial real estate
Year built 1998
Total area 2,228 SF
Lot 1 ac (43,560 SF)
UPID US77-0997111
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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